WEBVTT

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NARRATOR: New types of oil and gas drill rigs...

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Massive sand quarries...

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Across America, unimaginable new wealth

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where there was none before...

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A new type of black gold - formerly worthless

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organic-rich shales...

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On the horizon, energy independence for America.

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These are all changes that have occurred in less than 10 years,

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and most remarkably, they all trace back to American

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ingenuity, inventiveness and perseverance.

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SCOTT L. MONTGOMERY: The fracking revolution,

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as some people call it - and I think that may be an appropriate

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term because revolutions happen very suddenly,

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and in terms of what's occurred in the United States and the

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whole mentality, the whole view of the United States as an oil

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and gas producer, really has changed 180 degrees.

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The identity now, as of 2014, the U.S.

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is the biggest oil and gas producer in the world.

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Bigger than Russian, bigger than Saudi Arabia -

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that's oil and gas together.

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Now this would have seemed like a fantasy,

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a complete Lord of the Rings kind of fantasy

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only 6-7 years ago.

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But today here we are.

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NARRATOR: In this program we will look at how this shift from

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energy scarcity to energy abundance has changed America's

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place in the global energy landscape...

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Revitalized its economy...

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Reduced its carbon footprint...

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Brought about renewed concerns about

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its oil and gas industry...

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And what the fracking revolution means going forward.